Today's Morning Analysis

Last night, after Bitcoin stabilized at the 106500 position, the bullish strength significantly increased, leading to a strong upward trend in the market. As expected, the price broke through the 108000 level, reaching a high of around 108800, and then retraced to the 107000 area.

From a technical perspective, the four-hour chart has formed a short-term top structure and is currently in a correction phase. However, I still believe that since the upward momentum has been effectively established, the overall upward trend for this week has not yet ended, and the current adjustment is a normal retracement.

Operations Strategy Suggestions:

Bitcoin: Look for long opportunities in the 106300-106800 range, with an upward target of 108800. If it breaks through effectively, it can be aimed at the 109600 area.

Ethereum: Consider going long in the 2520-2560 range, with a target focus on the 2610 level.

Market sentiment is generally positive, and the current pullback may be a consolidation phase before further upward movement.